Lufthansa still 'long way' from selling Thomas Cook stake

Lufthansa remains in negotiations to sell its 50% stake in tourism firm Thomas Cook, including leisure carrier Condor Airlines, to co-owner KarstadtQuelle. Lufthansa board member Stefan Lauer confirmed discussions but told journalists last week in Frankfurt that "they are a long way from being finished." The German retailer has been after LH's holding in Europe's second-largest tourism company for some time. The unit returned to profitability last year, but LH has said Cook is not a core ...